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Using data on families’ wealth over time, we calculate changes in relative wealth mobility; that is, how likely families are to move up or down the wealth distribution, relative to one another. We find families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. We also look at the savings behaviors that are associated with more mobile families and find that families that make large movements through the wealth distribution appear to be more likely to own some form of a risky […]

Richard Reeves’s new book offers a trenchant diagnosis of the economic disparities that separate upper-middle class Americans from those in the working class. But his proposed remedies leave much to be desired.

Richard V. Reeves of the Brookings Institution worries that tickets to first-class living are becoming impossible to acquire for those born into the working class. Reeves’s latest book, Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is […]

There are many different ideas in the literature as to what constitutes a good mathematical measure of mobility, each with their own advantages and drawbacks. [1] [2]

Mobility may be between generations ("inter-generational") or within a person or groups lifetime ("intra-generational"). It may be "absolute" or "relative". [3]

Inter-generational mobility compares a person’s (or group’s) income to that of her/his/their parents. Intra-generational mobility, in contrast, refers to movement up or down over the course of a working career. [4] Absolute mobility involves widespread economic growth [3] and answers the question “To what extent do families improve their incomes over […]

President Donald Trump delivers remarks at American Center for Mobility in Ypsilanti, Michigan on March 15, 2017. – At his Tuesday press conference in New York, during which he discussed the recent violence in Charlottesville, Virginia, President Trump spoke about his theory on how to overcome America’s racial divides. He said, "We have many companies, I say pouring back into the country. I think that’s going to have a huge, positive impact on race relations. You know why? It’s jobs. What people want now, they want jobs. They want great jobs with good pay and, […]

Composite image, includes image by SIphotography / iStock / Getty Images Plus, St. George News OPINION — Is Utah the home of the American Dream? For many yes, for others undoubtedly no. But on a number of quantitative measures, Utah comes closer than any other state.

The essence of the American Dream is that someone born poor can, with hard work and a little luck, become affluent or at least reasonably well off.

In a detailed and highly technical paper titled “ Where Is the Land of Opportunity ?” Raj Chetty of Harvard University and the National Bureau of Economic Research […]

Using data on families’ wealth over time, we calculate changes in relative wealth mobility; that is, how likely families are to move up or down the wealth distribution, relative to one another. We find families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. We also look at the savings behaviors that are associated with more mobile families and find that families that make large movements through the wealth distribution appear to be more likely to own some form of a risky […]

Using data on families’ wealth over time, we calculate changes in relative wealth mobility; that is, how likely families are to move up or down the wealth distribution, relative to one another. We find families have become less likely to change their position in the wealth distribution over time, and those that do move are less likely to go very far. We also look at the savings behaviors that are associated with more mobile families and find that families that make large movements through the wealth distribution appear to be more likely to own some form of a risky […]

The map compares the "neighborhood effects" of counties on the marriage rates of poor children. The data is from the Equality of Opportunity Project, http://www.equality-of-opportunity.org/ An interactive version of the map is posted below. The same “neighborhood effects” that appear to increase the future earnings of poor, rural children also result in higher marriage rates.

Children who grow up in rural counties are more likely to be married by their mid- to late 20s than those who are reared in the middle of our largest cities.

In general, the longer a child spends growing up in a rural community, the […]

Camille Busette I’m Camille Busette , I’m a senior fellow in Governance Studies and I head up the new Race, Place, and Economic Mobility initiative here at Brookings.

Q: Where did you grow up?

A: I grew up in a variety of places actually, which I think has made me very much who I am. I was born in Los Angeles. I grew up in New York City, and then toward the end of high school my family moved to Sacramento, California where I finished up high school; and then I went on to University of California, Berkeley for […]

HARI SREENIVASAN: A report on poverty published on Thursday found a striking lack of economic mobility in America, that 43 percent of Americans born into families in the bottom fifth of the economic ladder are stuck there as adults, while 40 percent born in the top fifth stay there.

The data was part of Opportunity, Responsibility and Security: A Consensus Plan for Reducing Poverty and Restoring the American Dream. It was a partnership between two think tanks from different sides of the ideological spectrum, the Brookings Institute and the American Enterprise Institute.

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Welcome to a Review of Economic Mobility Articles

This single issue site is an archive of the many viewpoints and opinions on whether economic mobility is increasing or decreasing in the US and around the world. The site is curated using the MyCurator WordPress plugin. You can find out more About this site here.